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QUEENS WEEKLY, OCTOBER 6, 2019
Schneps Media acquires AM New York from Newsday Media Group
BY JAMES T. MADORE
NEWSDAY
SPECIAL TO SCHNEPS MEDIA
Newsday Media Group is selling amNewYork, its free
commuter newspaper in New York City, to Schneps Media,
effective Oct. 11, officials announced Wednesday.
The price was not disclosed. Schneps executives said
they will expand amNewYork through events programming
and broadcasting.
Launched in 2003, amNewYork is Manhattan’s highest
daily circulation newspaper and has almost 1 million
unique visitors to its website each month.
Newsday publisher Debby Krenek said: “amNewYork
has become an important part of daily life in the city … We
are confident that this tradition of serving New Yorkers will
continue with Schneps Media, whose strong commitment
to local media makes them the ideal new publisher of am-
NewYork.”
Schneps owns 33 newspapers, 28 magazines and specialty
publications and 20 websites, produces numerous podcasts
and hosts 50 annual events.
Among its publications are Queens Courier, TimesLedger,
The Brooklyn Paper, The Villager, Long Island Press and
the Spanish-language paper Noticia Long Island.
“Moving forward Newsday Media Group will fully focus
on serving Long Islanders with news, information and experiences
as we continue to expand our multimedia products
and platforms, and fulfill our mission of being the primary
source of powerful local journalism as ‘Your Eye on LI,’ ”
Krenek said.
Last month, Newsday moved into a new multimilliondollar
headquarters in Melville that will feature a television
studio and auditorium capable of streaming live
events on newsday.com.
Schneps president and publisher Victoria Schneps said:
“We are delighted to add amNewYork to our media company.
We thank Newsday for this opportunity to carry on the
commitment of amNewYork to deliver the best and most important
local news stories.”
Schneps started her company in the mid-1980s with a
weekly paper published from the living room of her Bayside,
Queens, home.
Her son Joshua Schneps, the company’s CEO and
co-publisher, said, “We look forward to enhancing am-
NewYork’s brand through our expertise in multiplatform
media, including print, digital, events, social media and
broadcasting.”
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